Last time we looked at Injective (INJUSD) was 4 months ago (December 18 2023, see chart below) and gave us an excellent sell signal that hit the 30.000 Target:
The price now sits at the bottom of the Channel Up and this is the most optimal buy entry for the long-term. We expect another +715% rise, targeting...
INJ over 900% without corrections. I think soon we will see health pullback BINANCE:INJUSDT
Possible Targets and explanation idea
➡️Market Mood indicator we are at Sep 2021 level sentiment. Late longs will be liquidated
➡️0.5 - 0.62 lvls fib can be a fix profit zone before correction
➡️Inside this zone we got liquidity stop losses from September 2021
➡️Based...
BINANCE:INJUSDT is another token that has received a lot of hype this year, but, similar to LCX's situation, all this hype hasn't led to a price increase.
If we look at the chart, we can see that after breaking above the important $10 resistance level, the price sharply rose by 400%.
However, after initially surpassing $40, INJ entered a consolidation phase....
So after i have been watching INJ, I realized that just like all the other Tokens, coins etc, is it as well in correction, basically market has been moving sideways, choppy, while correcting.
So since 43 to 45 dollars, INJ was hitting resistance, while on the lows around 29 and 30 dollars it was hitting or on support, basically price is struggling to break above...
Injective (INJUSD) is rising aggressively within a 1-year Channel Up, currently on its 2nd Bullish Leg of the pattern, supported by both a Higher Lows (dashed) trend-line and the 1D MA50 (blue trend-line).
We expect it to peak on the Channel's top (Higher Highs trend-line) where we will short it, targeting 30.000. If however it breaks below the Higher Lows...
Injective (INJUSD) is on the 2nd straight green 1D candle, following a rebound for the 1D RSI exactly on the 30.00 oversold barrier. With the 1D MACD close to forming a Bullish Cross, this is a short-term buy opportunity. The previous such rebound below the 1D MA50 (blue trend-line) was on the May 12 bottom and it made a rise just below the 0.618 Fibonacci...
Injective (INJUSD) is trading within a Channel Up pattern since the start of the year. For the past 8 days it has settled at the bottom of the pattern, below the 1D MA50 (blue trend-line). If it closes a 1D candle above it, we will have the bullish break-out confirmation for a long-term buy towards the top of the Channel. The Lower Highs and Higher Lows...
